German carmaker BMW said it will raise the prices of two U.S.-made crossover sport-utility vehicles in China to cope with the additional cost of tariffs on U.S. car imports into the world’s biggest auto market.

Brilliance China Automotive Holding Ltd., BMW AG’s Chinese partner, has slid 20 percent since news emerged on July 12 about the German luxury-car maker's potential plan to raise its stake in the companies’ joint venture.

Bloomberg's Christine Harvey takes a look at some of the big stories of the day on "Bloomberg Daybreak: Middle East."

In its debut year, Hyundai’s luxury line bumped Volkswagen AG’s Audi from top billing to the No. 2 spot, with premium mainstays BMW, Toyota Motor Corp.’s Lexus and VW’s Porsche rounding out the top five.

BMW expects to see Chinese sales growth this year, but not double-digit gains as experienced in recent years, sales chief Ian Robertson tells Bloomberg’s Ryan Chilcote at the Geneva International Motor Show. Roberton added the company is still adding dealers in China and BMW believes “very firmly” that U.K. will be better off staying in EU.